Category: Bookkeeping

The non-GAAP financial measures presented in this press release should not be considered as a substitute for, or superior to, the measures of financial performance prepared in accordance with U.S. The growing trend of marijuana legalization and decriminalization worldwide is a significant driver for the global recreational cannabis market. In the past decade, there has…

Vertical analysis, on the other hand, focuses on a specific period of time and studies the proportions of the total amount represented by the different variables for that period. Horizontal analysis evaluates performance trends, while vertical analysis allows benchmarking to industry averages. Smith’s 2021 study revealed that companies employing both techniques reduced financial discrepancies by…